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Google CEO Sundar Pichai gets $200-million pay package

It wasn't the first time that following in Page's footsteps led to big payouts for Pichai

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Anders Melin & Mark Bergen | Bloomberg
Alphabet Inc can’t seem to stop heaping massive pay packages on Google’s Sundar Pichai.

The chief executive officer (CEO) of the search-engine unit received $199.7 million in compensation for 2016, according to a regulatory filing Friday. That marks his third straight year getting nine-figure pay — a rare accomplishment even at well-paying technology companies and virtually unheard of in other industries.

Since he became CEO in 2015, Pichai has moved to give Google more control over two critical fields: Artificial intelligence and cloud. He oversaw a 17.8 per cent jump in Google’s core ads business last year, while also boosting